Childrens Consignment Store In Ottawa For Sale

Business description

Excellent opportunity to purchase one of first stores in new retail franchise chain. Stores sell gently-used, high-end children's clothing, toys and baby equipment at very affordable prices. Each store has thousands of consignors who regularly drop items off and earn commissions upon sale of consigned items. Target franchisees are entrepreneurs who are looking for a flexible, family-friendly opportunity. Name is instantly recognizable in Ottawa, and franchisor is committed to success of these first franchises in order to expand into a national chain. Strong growth in revenue has been experienced and is continuing. Franchisor anticipates that growth rates could further improve as a result of the added effort of a committed franchise store owner. Stores are neighborhood-based with a close connection to the community - charities and local families in need benefit from donations of unsaleable items. Multiple stores available throughout Ottawa, currently run by the corporation, all with several years of operations and established customer bases. For more information, please contact Greg Kells at Sunbelt Business Brokers: ---.---.---- Ext. 225 or ---------@--------------.---.

Property information

Real Estate:

Lease

Premises details:

21000 sq ft, $5525.00

Business Operation

Reasons for selling:

Franchising corporate stores.

Trading hours:

Days: Monday - Sunday, Hours: Mon. - Fri.: 9:30-8 pm, Sat. 9:30-5pm, Sun. 11-5pm

Employees:

Full Time: 2, Part Time: 6

Years established:

5

Other information

Financing available:

Downpayment Required: NEGOTIABLE
Monthly Payroll: $7,728

Furniture / Fixtures value:

$108,000 (included in the asking price)

Inventory / Stock value:

$20,000 (included in the asking price)